If this new fact from World Bank is anything to go by then information on how successive governmenst spent the recovered loots of the late General Sani Abacha has emerged.
Dr. Ngozi Okonjo-Iweala
It was revealed that the Abacha’s loots that was received from Switzerland to the tune of $500 million (N65 billion) was factored in into 2004 and 2005 budgets and the funds were said to have been spent on education, roads, electricity, health sector and water across the six geo-political zone.
According to 700-page information released by World Bank to Socio-Economic Rights and Accountability Project (SERAP) this explanation on how the loot was being spent was made known in a letter written by erstwhile minister of finance, Ngozi Okonjo-Iweala in a letter dated January 9, 2015 to the World Bank.
Making this revelation public, SERAP executive director Adetokunbo Mumuni in a statement issued on Sunday, November 29.
No comments:
Post a Comment